Track CH CPI y/y to gauge inflation's impact on currency valuation and central bank rate decisions.
Consumer prices comprise a significant portion of total inflation. Inflation is crucial for currency valuation, as increasing prices prompt central banks to consider raising interest rates.
What it Measures
Variation in the prices of goods and services purchased by consumers.
Usual Effect
'Actual' results exceeding 'Forecast' are positive for the currency.
Source & Frequency
National Bureau of Statistics of China (latest release) - http://www.stats.gov.cn/english/ • Published monthly, typically around 10 days after the conclusion of the month.
How Data is Derived
The average price of various goods and services are sampled and then compared to the sampling done a year earlier
Also Known As
N/A
Acronym
Consumer Price Index (CPI)